This compound is primarily used in organic synthesis, particularly in cross-coupling reactions such as the Suzuki-Miyaura reaction. It serves as a versatile boron reagent, enabling the formation of carbon-carbon bonds, which is essential in constructing complex organic molecules. Its application is significant in pharmaceutical research, where it aids in the development of drug candidates by introducing trifluoromethyl and quinoline moieties into target molecules. Additionally, it is utilized in material science for the design of advanced materials with specific electronic or optical properties. The trifluoromethyl group enhances the stability and bioavailability of the resulting compounds, making it valuable in medicinal chemistry.